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this is our class wiki

you'll be able to explore the functions of this wiki and I'm sure that you'll find it very useful to share information in order to deepen your knowledge

Therefore, you have been invited to contribute to this space and write about topics or provide useful materials

First of all, below, there is a link to a web-site where you'll find a video included in a brick of a particular wall. The video is related to the topic we are dealing with.
You'll also find another brick that says what you have to do.
So, you are only asked to stick your own brick in the wall with your answer.
It is a listening and writing activity that you must do alone and, at the same time, it is a way to revise. Let's get started by having a look at the link:

global financial crisis

Task


Now let's move on by pointing out the activity that you will have to do in your own page with the classmates of your group as you can dawn on from the list of the pages on the left hand-side.
Well, what you have to do is analyse a case study that we will deal with soon


Greece

• find out the origins of the crisis,
• calculate Greece's current budget deficit, (by starting from the GDP and its variables and explaining all the steps we considered during our first lesson)
• calculate Greece's debt to GDP ratio, explain what it means and why it is so important, in particular its effects and repercussions on economic growth,
• find out Greece's credit ratings, according to one of the three prominent agencies, and explain all the risks that investors may incur in the case they invested in Greek securities.

Here are some links you can have a look at in order to get more information

• origins of Greek crisis
• credit ratings
• Greek debt crisis